You are here

Prices & Quotes - UK Markets - Hochschild Mining (HOC)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
207.00p
Change Today:
0.000p
Market Cap:
1,063.72m
Sector:
Mining

Berenberg reiterates 'hold' rating on Hochschild Mining

By Iain Gilbert

Date: Friday 19 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg reiterated their 'hold' rating on precious metals group Hochschild Mining on Friday, labelling the company's 2020 performance a "miss".

Berenberg said Hochschild, which has a portfolio of three operating mines in South America producing roughly 38.0m ounces of silver equivalent every year, was presently experiencing a slightly lower level of production at the sites due to Covid-19 volatility.

The German bank also stated it believes a medium-term grade decline was on the horizon at Hochschild's key mine, Inmaculada, something it said was not currently priced into expectations.

"We think this will result in lower FCF generation and, potentially, depending on the severity of the grade decline, push the company into an M&A transaction to fill the gap of falling grades with another asset," said Berenberg.

"We believe that the current valuation prices in a more-than-optimistic case in terms of mine lives, grade and commodity prices," concluded the analysts, who also reiterated their 230.0p price target on the stock.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

HOC Market Data

Currency UK Pounds
Price 207.00p
Change Today 0.000p
52 Week High 317.40p
52 Week Low 121.20p
Volume 0
Shares Issued 513.88m
Market Cap 1,063.72m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Dividend Yield
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HOC Dividends

  Latest Previous
  Final Interim
Ex-Div 06-May-21 03-Dec-20
Paid 02-Jun-21 31-Dec-20
Amount 2.33¢ 4.00¢

Trades

No recent trades found

HOC Key Personnel

Chair Eduardo Hochschild
CEO Ignacio Bustamante